The government has been urged to form different parliamentary oversight committees to avoid further leakages like the 1MDB and Felda fiasco.

This was proposed by Malaysian Economy Association (MEA) after comparing the best legislative practices in the world, which emphasised on the importance of check and balance in curbing leakages in key government agencies.

At a press conference yesterday, MEA deputy president Latifah Merican Cheong said the country only has the public accounts committee (PAC), which did not follow the practice by other legislature by appointing an opposition lawmaker to chair the entity.